• Samsung has started commercial shipments of its next generation HBM4 memory chips to Nvidia.
• The new HBM4 supply is slated for Nvidia’s upcoming Vera Rubin AI accelerators.
• This marks a shift in the AI hardware supply chain, affecting memory supplier roles and competition with SK Hynix and Micron.

NVIDIA (NasdaqGS:NVDA), currently trading at $190.05, sits at the center of the build out of AI infrastructure, and this new HBM4 supply link with Samsung goes straight to the core of its hardware story. The stock’s 40.5% return over the past year highlights how closely investors have been watching AI related developments, and this memory deal is another key piece of that puzzle.

For you as an investor, the start of HBM4 shipments touches several important questions, including Nvidia’s ability to support future Vera Rubin demand, its supply chain resilience, and how it manages relationships with multiple memory partners. As details emerge on capacity and performance, and on how this affects rivals, it will add more context to how Nvidia’s AI hardware ecosystem might evolve from here.

Stay updated on the most important news stories for NVIDIA by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on NVIDIA.

Investor Checklist for NVIDIA After Samsung’s HBM4 Shipments

Quick Assessment

• ⚖️ Price vs Analyst Target: At US$190.05 vs a consensus target of about US$253.79, the price sits roughly 25% below where analysts cluster, with a wide target range.
• ❌ Simply Wall St Valuation: NVIDIA is described as trading 18.8% above estimated fair value, so you may want to question how much good news is already reflected in the price.
• ✅ Recent Momentum: A 30 day return of about 2.3% shows modest positive momentum as the market reacts to ongoing AI related developments.

There is only one way to know the right time to buy, sell or hold NVIDIA. Head to Simply Wall St's company report for the latest analysis of NVIDIA's Fair Value.

Key Considerations

• 📊 HBM4 shipments from Samsung support NVIDIA’s Vera Rubin roadmap and help reduce reliance on a single high bandwidth memory supplier.
• 📊 Watch supply chain updates, HBM4 capacity, pricing, and any commentary on margins for AI accelerators that use this memory.
• ⚠️ With 2 flagged risks including high non cash earnings, you may want to look closely at earnings quality as AI hardware demand scales.

Dig Deeper

For the full picture including more risks and rewards, check out the complete NVIDIA analysis. Alternatively, you can check out the community page for NVIDIA to see how other investors believe this latest news will impact the company's narrative.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.